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Reading: Unions seek 38.5% minimum wage rise for 2027
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MacroHerald > Latest News > Economy > Economic Data > Unions seek 38.5% minimum wage rise for 2027
Economic Data

Unions seek 38.5% minimum wage rise for 2027

Enver Adıgüzel
Last updated: 18 October 2026 00:57
Enver Adıgüzel - Editor and Publisher
7 minutes ago
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Colombia’s labor union federations will take a proposal for a 38.5 percent increase in the 2027 minimum wage to the negotiating table, former Central Unitaria de Trabajadores (CUT) president Fabio Arias said. Arias made the remarks to Emisora Atlántico days after a 13 October session of the Subcommission on the 2027 minimum wage at the Ministry of Labour.

Contents
  • How the figure compares with other estimates
  • Government signals consensus

Arias said workers are owed a 32-percentage-point gap on top of inflation, which he put at about 6.5 percent. Together, he said, that amounts to the 38.5 points the unions are demanding. Unions will carry the figure into the Comisión Nacional de Concertación, which brings together employers, workers and the national government.

How the figure compares with other estimates

A La República poll of guilds pointed to an increase between 8 and 9.5 percent, based on inflation and productivity criteria. Analysts do not rule out a rise of 10 percent in the negotiations.

Government signals consensus

Vice minister Juliana Morad said the diversity of opinions among workers, employers and government could produce a solid and lasting consensus. She gave no figure.

The Subcommission is part of the Comisión Permanente de Concertación de Políticas Salariales y Laborales.

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TAGGED:colombiafabio ariasinflationlabor unionsminimum-wagewage negotiations

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ByEnver Adıgüzel
Editor and Publisher
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Enver Adıgüzel is the editor and publisher of MacroHerald. He holds a degree in Economics from the Faculty of Economics and Administrative Sciences at Kırıkkale University and an MBA. He writes on central bank policy, currencies, government bond markets and the economic data that move them.
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